Question : A, B and C are partners sharing profits in the ratio of 7:6:7, B retires and his shares are divided equally between A and C. The New profit-sharing ratio of the remaining partners will be
Option 1: 1:1
Option 2: 4:5
Option 3: 3:2
Option 4: 2:3
Correct Answer: 1:1
Solution : Answer = 1:1
After B's retirement, A and C share the profits equally, as B's share is divided equally between them. Initially, A had 7/20 of the profits and C had 7/20. After the redistribution, both A and C have 1/2 of the total share, resulting in a new ratio of 1:1. Hence, the correct option is 1.
Question : Divya, Vikas and Varun are partners sharing profits in the ratio of 1/2: 1/8: 3/8 respectively. Vikas retires and surrenders 1/9 th from his share in favour of Divya and the remaining in favour of Varun. gaining ratio and new profit-sharing ratio will be :
Question : X, Y and Z are partners sharing profits and losses in the ratio of 4: 3: 2. Y retires and give 1/9th of his share to X and the remaining to Z new profit-sharing ratio and the gaining ratio of the firm will be
Question : A, B and C are partners sharing profits in the ratio of 1/2, 3/10 and 1/5. B retires from the firm and A and C agree to share future profits in the ratio of 3: 2. Gaining ratio will be
Question : A, B and C were partners in a firm sharing profits in a 3: 3: 2 ratio. They admitted D as a new partner for 4/7 profit. D acquired his share 2/7 from A, 1 / 7 from B and 1 / 7 from C. The new profit sharing ratio will be
Question : A, B, C and D are partners sharing profits in the ratio of 18: 15: 18: 3, D died and his share of profit is taken by the remaining partners A, B and C equally. The new profitsharing ratio will be 19:16:19.
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